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Article: KhiMetrics' Dynamic Pricing Solution Wins Venture Funding.
- Article from:
- Business Wire
- Article date:
- January 13, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jan. 13, 2000
Story summary: KhiMetrics Inc (pron: k-eye-metrics) has received $3.5 million in venture capital. The investment capital will finance expanded internal client service capabilities and development of the next version of KhiMetrics' offering. KhiMetrics' scientific approach to dynamic pricing solves the online retailer's most nagging problem
-- how to increase market penetration without the corresponding loss in profitability.
KhiMetrics Inc., a company that enables online retailers to create profitable pricing strategies, received a $3.5 million ...